Funding you earn now, next payment 01:00 UTC−0.0800%/8h= −87.6% APRnext payment −$1.00 per $10,000 · paid last 24h −0.182%
Price spread now: Extended against Coinbase International−0.251%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days−0.717%−$72 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Extended is 0.251% cheaper against Coinbase International than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1477 | 0.0904 | pay 0.0113% / 1h | 3m 07s | $99K | $7K | 25x |
| Short | Extended APE-USD | 0.1473 | 0.0104 | get 0.0013% / 1h | 3m 07s | $4K | $202K | 10x |
Coinbase International APE-PERP-INTX
Extended APE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$168
- Price spread: −0.251% → 0.000%
- −$25.14
- Slippage, 4 orders
- −$100.3
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$308.43
- Costs to cover
- 1.153%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 60 min ago; Extended: live order book, 64 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 60 min ago | 13.51 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 5.73 bp | 30.3 bp −$30 | 183.7 bp −$1,837 | doesn't fit | doesn't fit |
APE on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0224% | 1h | 0.1475 | −0.136% | $409K | $601K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1473 | −0.249% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.384% | — | — | — | as long as short |
| dYdX APE-USD | +0.0012% | 1h | 0.1472 | −0.341% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.703% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1476 | −0.041% | $1.3M | $373K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1474 | −0.180% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1474 | −0.218% | $4.1M | $6.5M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1474 | −0.203% | $3.7M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1475 | −0.156% | $1.3M | $1.4M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1473 | −0.264% | $633K | $311K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1474 | −0.203% | $4.4M | $901K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1473 | −0.271% | $1.8M | $2.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1474 | −0.203% | $2.1M | $553K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1474 | −0.203% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.417% | $7K | $12K | — | as long as short |
| Extended APE-USDshort | +0.0104% | 1h | 0.1473 | −0.251% | $4K | $202K | 10x | |
| Deribit APE_USDC-PERPETUAL | +0.0429% | 1h | 0.1474 | −0.203% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0904% | 1h | 0.1477 | long leg | $99K | $7K | 25x |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Deribit APE_USDC-PERPETUAL